This property might be a fair Mid-Term investment with a projected 4.01% first-year return on $56,913 initial cash invested.
4.01%
Cash On Cash
8.37%
Cap Rate
1.28
DSCR
$2,404
Rent
$190
Cashflow
Cash Flow
$2,404 income − $2,214 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,913
Downpayment
20%
$37,060
Closing costs
1%
$1,853
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,404
Total Expenses
$2,214
Mortgage P&I
42%
$1,006
Property Taxes
14%
$326
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264